The Helsinki-based company, which builds and sells full-stack superconducting quantum computers for on-premises deployment, disclosed the financing today. It was secured before the February announcement of IQM’s SPAC merger with Real Asset Acquisition …
The French AI company has secured the financing from a seven-bank consortium including BNP Paribas, Crédit Agricole CIB, HSBC, and MUFG. The data centre at Bruyères-le-Châtel is expected to be operational in Q2 2026 and is part of a broader push for Eu…
A week that spanned semiconductor physics, orbital logistics, defence interceptors, and carob-based chocolate tells you something about the breadth of European and European adjacent capital right now. The dominant thread is not a single sector but a si…
Every co-founder Elon Musk recruited to build xAI has now reportedly left the company. Manuel Kroiss, who led the pretraining team, told people this month that he was departing. Ross Nordeen, described by Business Insider as Musk’s “right-hand operator…
Meta is preparing to launch two new Ray-Ban smart glasses models designed specifically for prescription wearers, according to a Bloomberg report published on Thursday. The models, codenamed Scriber and Blazer, were first spotted in Federal Communicatio…
The Munich startup’s demo plant at Chemical Park Gendorf in Bavaria processes 1,500 tonnes of battery waste a year and produces 100 tonnes of high-purity lithium carbonate, at costs the company says are twice as competitive as conventional miners. A fu…
Spain’s largest life sciences VC is moving upstream with InceptionBio, its first fund dedicated to the riskiest stage of biotech: company creation from university and research centre spinouts. CDTI is an anchor LP. The target is at least three new comp…
Andy Shovel and Pete Sharman, who built THIS into a market-leading plant-based food brand, are pivoting hard. Keith is an AI-native regulated law firm targeting conveyancing first, with a 24/7 AI client agent and a target of reducing transaction times …
Shield AI, the San Diego defence technology company behind the autonomous pilot system Hivemind, announced on Wednesday that it has raised $2 billion in combined funding at a $12.7 billion valuation. The company will use part of the proceeds to acquire…
The Swedish deeptech company has signed a Grant Agreement with the European Commission under the EU Innovation Fund, unlocking €40.3M of a €83M project to expand its Tibro plant to 23,000 tonnes per year capacity by 2030. The material is already NATO-a…